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Reply to "Where do you draw the line between upper middle class and upper class?"
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[quote=Anonymous][quote=Anonymous]Is there a "class difference" between the 300K-ish family where it's two earners with similar incomes and the household where it's all or virtually all the income comes from the main breadwinner? For context, about 2% of individuals (not households) earn over $250,000 or more per year. I think any household where at least one person earns $250K is part of the upper class. If you had the spouses of those very high earners plus those with a certain net worth threshold (maybe $3 million?) you'd probably get like 3-4% of the population. [/quote] We're at 350k and the vast majority of that is dh...I'd never call us Upper Class. It took us until our 40s to get to that income, and we're living very normally with no luxury anything, we're saving for college, cannot afford to send our kids everywhere...To me upper class isa beautiful large house, first class, best hotels, your child can pick the college of their choice regardless of cost...[/quote]
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